The T. Rowe Price Funds SICAV China Evolution Equity Fund is increasing its exposure to lower-tier companies in Greater China’s AI supply chain, targeting manufacturers of printed circuit boards, chip production equipment, and power components. As of June 30, 2026, its top holdings included Kingboard Laminates at 6.3% of the portfolio, Unimicron Technology at 3.7%, and WUS Printed Circuit Kunshan at 2.8%. As of July 31, 2026, the fund posted a year-to-date return of 19.66% and a one-year return of 41.74%, significantly outperforming the MSCI China All Shares Index over the same periods. On September 8-9, 2026, T. Rowe Price announced a distribution partnership with Bank of East Asia to expand its reach into retail and private banking channels in Hong Kong.
Source: Read the original article
